Deputy PM Dvorkovich pledges Russia to have no petrol shortage

At the Government Hour of question and answers at the Federation Council upper house of RF parliament on Wednesday

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At the Government Hour of question and answers at the Federation Council upper house of RF parliament on Wednesday, Deputy Prime Minister on the real economy sector, including the fuel and energy sector, Arkady Dvorkovich, said that the current model of the country’s energy market is inefficient. He pledged that the government is preparing a new model that will ensure the investment inflow in the industry and that there will be no petrol shortage in Russia.

According to Dvorkovich, the work on the new rules will be completed before the end of the year, and then they will be discussed with the market participants and experts, the Nezavisimaya Gazeta newspaper reports in the article titled “Dvorkovich Goes on the Chubais Path.” The government will come out with proposals, and decisions on the market model will be made in the first half of 2013. Starting from 2014 the energy sector will live according to new rules that will make it possible to attract investment and solve the accumulated problems. Today’s market model is not capable of attracting investment.

Dvorkovich explained the situation surrounding the possible shortage of petrol, the Moskovsky Komsomolets daily writes. He admitted: “There are risks in a number of regions.” But, he said, the corresponding instructions to build up the fuel reserves have been issued, including to Moscow. “We shall prevent the (fuel) deficit,” he promised. Dvorkovich also said that a program of aircraft service between the country’s regions bypassing Moscow will be launched next year.